Artisan Coffee Shop and Cafe in South London For Sale

Terrace property, main road trading position, near the hospital and local football ground SW LONDON

Turnover £ 5,000
Price £99,000

Features

Artisan Coffee Shop / Café

Outside seating to the front for 12 people.

TBC STAR HYGIENE RATING

SINGLE FRONTED PREMISES, in the region of 450 ft². Non slip lino floor, plasterboard ceiling with spot lights.

Tables and chairs seating 20 people.

Sales counter - Touch screen cash register, coffee machine (2 group) on lease, grinder on lease, grab and go display fridge, juice machine on lease, wash hand basin.


REAR KITCHEN / PREPARATION AREA - Stainless steel extractor, 4 butner hob, catering oven, microwave, double sink and drainer, stainless steel preparation table, under counter fridges, salad topping fridge, freezer, etc.

Customers cloakroom with toilet and sink.

Dry store and staff changing area.

Boiler room.

Stairs to basement, in the region of 450 ft²

Cloakroom with toilet and sink.

3 other rooms, scope to develop

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,500 p.w.- £6,000 p.w.(seasonal variations) with a Gross profit of 65% approx.

Staff

The business is at present operated by the vendor with 2 full time and 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 7 a.m. - 9 p.m.

Outside

Enclosed yard.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 12 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £12,000 p.a.

Business Rates from April 2025 £4,000 approx. after small business and hospitality relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £99,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 49,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote